Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly As used in this chapter: (A) “Benefit contract” means an agreement, as described in division (A) of section 3921.19 of the Revised Code, under which a fraternal benefit society agrees to provide any benefit set forth in division (A) of section 3921.16 […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly Any incorporated society, order, or supreme lodge, without capital stock, including one exempted under division (A)(2) of section 3921.37 of the Revised Code whether incorporated or not, conducted solely for the benefit of its members and their beneficiaries and not for profit, […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly (A) For purposes of section 3921.02 of the Revised Code, a society is operating on the lodge system if it has a supreme governing body and subordinate lodges into which members are elected, initiated, or admitted in accordance with its laws, rules, […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly For purposes of section 3921.02 of the Revised Code, a fraternal benefit society has a representative form of government if all of the following apply: (A) The society has a supreme governing body constituted in either of the following ways: (1) As […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly (A) A fraternal benefit society shall operate for the benefit of its members and their beneficiaries by providing any of the benefits set forth in section 3921.16 of the Revised Code, and by operating for social, intellectual, educational, charitable, benevolent, moral, fraternal, […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly (A) A fraternal benefit society shall specify all of the following in its laws or rules: (1) Eligibility standards for each membership class, provided that if benefits are provided on the lives of children, the minimum age for adult membership shall be […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly (A) The principal office of any domestic fraternal benefit society shall be located in this state. The meetings of its supreme governing body may be held in any state, district, province, or territory in which the society has at least one subordinate […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly (A) The officers and members of the supreme governing body or any subordinate body of a fraternal benefit society are not personally liable for any benefits provided by a society. (B)(1) A person may be indemnified and reimbursed by a society for […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly The laws of a fraternal benefit society may provide that no subordinate body, nor any of its subordinate officers or members, shall have the power or authority to waive any of the provisions of the laws of the society. Such provision shall […]
Effective: January 1, 2013 Latest Legislation: House Bill 341 – 129th General Assembly A domestic fraternal benefit society organized on or after January 1, 1997, shall be formed as follows: (A) Seven or more citizens of the United States, a majority of whom are residents of this state, who desire to form a fraternal benefit […]
Effective: September 6, 2012 Latest Legislation: House Bill 341 – 129th General Assembly (A)(1) On and after January 1, 2016, a fraternal benefit society that provides the contractual benefits listed in division (A)(1) of section 3921.16 of the Revised Code in this state in a benefit amount of greater than ten thousand dollars shall have […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly (A) A domestic fraternal benefit society may amend its laws in accordance with the provisions of its laws by action of its supreme governing body at any regular or special meeting of that body or, if its laws so provide, by referendum. […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly (A) A fraternal benefit society may create, maintain, and operate charitable, benevolent, or educational institutions for the benefit of its members and their families and dependents and for the benefit of children insured by the society. For such purpose it may own, […]
Effective: January 1, 2013 Latest Legislation: House Bill 341 – 129th General Assembly (A) A domestic fraternal benefit society may, by a reinsurance agreement, cede any individual risk or risks in whole or in part to an insurer, other than another fraternal benefit society, having the power to make such reinsurance and authorized to do […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly (A) A domestic fraternal benefit society may consolidate or merge with any other society by complying with the provisions of this section. (B) The society shall file all of the following with the superintendent of insurance: (1) A certified copy of the […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly Any domestic fraternal benefit society may be converted and licensed as a mutual life insurance company by compliance with all the applicable requirements of Chapter 3913. of the Revised Code, if the plan of conversion has been approved by the superintendent of […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly (A) A fraternal benefit society may provide any of the following contractual benefits in any form: (1) Death benefits; (2) Endowment benefits; (3) Annuity benefits; (4) Temporary or permanent disability benefits; (5) Hospital, medical, or nursing benefits; (6) Monument or tombstone benefits […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly (A) The owner of a benefit contract may at any time change the beneficiary in accordance with the laws or rules of the fraternal benefit society unless the owner waives this right by specifically requesting in writing that the beneficiary designation be […]
Effective: January 1, 1997 Latest Legislation: House Bill 468 – 121st General Assembly No money or other benefit, charity, relief, or aid to be paid, provided, or rendered by any fraternal benefit society, shall be liable to attachment, garnishment, or other process, or shall be seized, taken, appropriated, or applied by any legal or equitable […]
Effective: January 1, 2013 Latest Legislation: House Bill 341 – 129th General Assembly (A) Each fraternal benefit society authorized to do business in this state shall issue to each owner of a benefit contract a certificate specifying the amount of benefits provided under the contract. The certificate, together with any riders or endorsements attached to […]
